Armstrong Economics Blog/Socrates Re-Posted May 12, 2023 by Martin Armstrong
This was the Question asked:
Socrates, how do I solve a debt crisis without a default that is fair to both sides?
This was the Question asked:
Socrates, how do I solve a debt crisis without a default that is fair to both sides?
Lobbyists are trained to influence and persuade government officials to act on behalf of their corporation. Lobbying firms often hire men and women with prior government experience to gain access to their connections. A new study entitled “Lobbyists into Government” (Benjamin C. K. Egerod and Joshua McCrain (2023)) examines what occurs when a lobbyist transitions into a role in government.
There are no laws preventing these individuals from entering the government, as both sides of the aisle are drenched in corruption. The study examined US federal bureaucrats and congressional staff records from 2001 to 2020. “We find lobbying firms that gain government connections through the departure of one of their lobbyists experience a 36% revenue increase, or roughly $320,000 per year.” That is a substantial increase and no coincidence.
These individuals, once embedded in government roles, offer their firms premium services and benefit personally. [C]onnections to congressional offices are more valuable than those gained to executive branch agencies,” the study noted.
Open Secrets lists many of these individuals and discusses the “revolving door” of moving back and forth between positions as lobbyists and positions within government. For example, Sen Jon Kyl (R-Ariz.) replaced Sen John McCain after his death. Time Magazine named Kyl one of the 100 most influential people in the world, and Sen Mitch McConnel (R-Ky.) said he was “a great persuader.” He even helped Supreme Court Justice Brett Kavanaugh join the highest court. Kyl went through the revolving door numerous times and held positions in government followed by positions as a “Senior or Counsel Government Affairs” at corporations that spend millions lobbying their respective causes.
As Open Secrets reports:
“When American voters discard elected officials—and their staffs—lobbying firms and interest groups are quick to snap up the unemployed. Lobbying firms—which often charge steep fees from their deep-pocketed clients—can offer former government employees salaries far greater than those proffered by Uncle Sam, as well as continued influence on Capitol Hill. In return, firms get lobbyists who already have established connections in the federal government and whose résumés can act as a powerful draw for potential clients. The lobbying firms shown here have the greatest track record of hiring former government employees.”
This is clear corruption but it is permitted to take place. The revolving door allows individuals to go back and forth from corporations, sometimes directly working as lobbyists or “senior advisors,” to positions in government. “Dozens of former members of Congress now receive handsome compensation from corporations and special interests as they attempt to influence the very federal government in which they used to serve,” Open Secrets stated. So yes, government is bought and paid for and there are few people left who are actually representing the best interests of We the People.
The national media hide these types of local stories because they destroy the preferred narrative. However, the open border leftist policies are opposed by every cross-cultural faction of ordinary Americans, including the predominantly black community of South Shore Chicago. Keep in mind the DNC convention for 2024 will be held in Chicago.
Watch the response from local residents as the City Council attempts to hold a meeting to inform the public of their decision to place 250 to 500 illegal aliens in housing at South Shore High School. There are hundreds of illegal aliens currently camped out in police stations around the community and the residents of the area are sick of it.
This video shows the issue of illegal immigration cuts across all political boundaries. The officials in charge are disconnected from the will of the people. This conflict is going to escalate across the country as millions of illegal aliens are now pouring through the southern border soon to occupy the land space in all major metropolitan areas. WATCH:
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If you think about Joe Biden’s 4-year term in office as an intentionally constructed single term with no limits or consequences to the cascading damage inflicted; and if you think about the ideologues behind the plan to use cognitively challenged Biden as a tool to achieve their agenda; then everything from the way he was selected in 2020, to the disconnected and fragmented policy and Biden’s interpretation of them, just makes sense.
As our friend Lee Smith summed up in early 2021, “Joe Biden is an avatar for Barack Obama’s third term.” That is what we have been witnessing. A term in office where every policy wish list and far-left agenda item could be triggered without any care or consequence of political damage.
The people behind Biden are ideologues using this unique opportunity to further the “fundamental change.” From that perspective every single granular move during the Biden term makes sense. However, this also means there’s no term two in the design. The damage will be so great, there’s no way for a second term.
Again, if you accept that background, and ignore the puppet presentations, everything currently underway that seemingly makes Biden look vulnerable and disposable makes sense. It’s not Republicans trying to take him down, it’s Democrats – who will use republicans to assist them.
Into this landscape comes the second leverage point for the removal. The vulnerability represented by Hunter Biden. This approach also explains why the Hunter Biden investigation was completed long ago, and the Deputy Attorney General Lisa Monaco/Obama-minds were simply waiting for the timing of the election calendar. Earlier today a Main Justice whistleblower provided the triggering mechanism for one removal approach. Here is another:
WASHINGTON DC – Prosecutors are nearing a decision on whether to charge President Biden’s son Hunter with tax– and gun-related violations, according to people familiar with the matter, the culmination of a four-year investigation that Republicans have sought to portray as evidence the Biden family is corrupt.
Biden’s attorneys met at Justice Department headquarters in downtown Washington last week to discuss the case with U.S. Attorney David Weiss of Delaware, according to the people familiar with the matter, who spoke on the condition of anonymity to discuss an ongoing criminal investigation. Typically, that sort of meeting — in which defense lawyers urge prosecutors not to seek an indictment of their client, or to seek reduced charges —comes toward the end of an investigation.
The people familiar with the matter said Weiss is nearing the end of his decision-making process, although they offered no specific timetable. They cautioned that the probe has taken longer than some officials thought it would, frustrating some law enforcement officials, and conceivably could slow down again before a decision has been reached. (read more)
Every single conflicting point reconciles, if you accept the Biden program was a one-term disposable effort.
The timing is up, now the removal leverage is deployed with enough time to present the branding needed for the Biden replacement.
Assets like Susan Rice are pulled from the White House. The Obama embeds position to avoid damage, and the circumstances for Biden’s removal are created by the same people who control the collection of the evidence against him.
There isn’t going to be a Joe Biden DNC nominating convention in Chicago. There isn’t going to be another presidential race by Biden; it was never the intention from the outset in the 2020 plan to use him. Biden is in the process of being excommunicated from the party. His usefulness exhausted, this is the disposal phase.
The only thing left to negotiate are the terms of the exit.
There is a mole within the Pentagon and officials are eagerly seeking to find the source. Someone has been leaking classified documents to the public that include plans to involve the international community in the Ukrainian conflict. Someone in the intelligence community wants the public to know about America’s increasing involvement in the Russia-Ukraine proxy war.
A source close to Zelensky has said that Ukraine has scrapped previous war strategies due to the leaked information. The documents actually mention that the US has been spying on Zelensky himself, which comes as no surprise. Chris Meagher, the assistant to the secretary of defense for public affairs, said the leak is under investigation and that they do not know how much information has been leaked. Meagher claims some of the documents have been altered in an attempt to cover up the truth. He is reassuring allies “of our commitment to safeguarding intelligence and fidelity to our security partnerships.”
The documents were highly classified and contained information on how the US spies on its allies and enemies alike. The documents began appearing on Discord servers, 4Chan, and other platforms about a month ago, with over 50 sensitive documents now revealed to the public. The Five Eyes intelligence alliance, which includes Canada, Australia, New Zealand, and the UK, are now urging the US to rectify the situation immediately. Time will only tell what secrets these documents reveal.
They could not deny that the papers were real. We have seen how the intelligence community treats those who expose the truth like Edward Snowden who must live out his existence in fear. The source knows the risks and will likely risk their life to expose the truth.
United States Code at 18 U.S.C. § 2381
Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less than five years and fined under this title but not less than $10,000; and …
The U.S. Dept of Justice (DOJ) has sent a five-page letter to congress, copying Politico for the public distribution therein. [SEE pdf HERE]
The snarky and passive aggressive Lawfare tone inside the letter is rather remarkable in its sanctimony and condescension. Essentially, Main Justice is telling congressional oversight, specifically House Judiciary Chair Jim Jordan, not to expect any timely responses because there’s a lot going on.
Additionally, as the letter directly implies, Republican oversight is not in the favor of the current administration or DOJ and, well, in general terms, get over it – they aren’t complying. However, feel free to initiate the formal negotiation process that will likely take several years.
From the letter to Jim Jordan, “Your January 17 requests—made now in your position as Chairman—initiate the constitutionally mandated accommodation process. Under this process, the Legislative and Executive Branches have a constitutional obligation to negotiate in good faith to meet the informational needs of Congress while protecting the institutional interests of the Executive Branch. We look forward to beginning this process in response to your January 17 letters.” (link)
(Via Politico) – […] The letter, addressed to Judiciary Committee Chair Jim Jordan (R-Ohio), acknowledges the GOP’s multiple requests for information during the last Congress but doesn’t divulge any new information. Instead, Uriarte outlines how he hopes DOJ could have a “productive relationship” with Republicans in the new Congress, as Jordan had in previous letters accused the DOJ of “stonewalling” their requests, raised the possibility of a subpoena and said the committee could resort to “compulsory practices” to obtain the requested information and documents.
It’s an early marker of DOJ’s position as Republicans pledge to probe President Joe Biden’s administration over a laundry list of issues, including with a select subpanel that has a broad mandate to investigate the federal government. Conservatives have hinted they would use that panel to try to look into certain ongoing law enforcement investigations. (read more)
I think at this point everyone outside the professional political class in the Legislative Branch knew this was going to happen. However, the Republicans in Congress will likely pretend to be stunned by this development, Fox News Sean Hannity will be outraged by it, and then the RNC and RCCC will dispatch fundraising campaigns citing the refusal of the DOJ. Win, win, win… wash – rinse – repeat.
Predicting this approach was exactly why CTH said the House Subcommittee on Weaponized Government should not waste time looking for assistance, documents and or internal support from the various DC silos. Instead, the oversight committees need to go through the formal request process (blah, blah, blah) but focus their efforts at getting documents from the private sector collaborators outside the DC silo system.
If it seems like the Democrats always know how to use power more effectively than Republicans, you would be absolutely correct. However, few people really understand the reason for it. So, I will repeat.
This core truism carries forward beyond electoral politics and into the realm of legislative battles and oversight conflicts. Republicans want money as their primary objective. If the Biden administration wants to get an ideological bill passed, the Democrats simply buy the votes of Republicans (especially Senators).
As an additional outcome, Republicans in congress have no core values, no core objectives, no goals to achieve. After all, their structural goal is money.
Give Republicans power and they don’t know what to do with it, because the voters essentially boosted the dog to catch the car… now what?
What you see in the outcome of elections is that Republicans do not have any plan for power, because it’s not the issue that takes up their intellectual time. That’s reserved for deep analytical thoughts about how to make money from (XXX).
The Democrats know this, they know the main mission of Republicans. Ergo, the Lawfare DOJ pats the Republicans on the head and waits for the frustrated voters to get sick of the GOP doing nothing again, and the Democrats simply wait them out.
We have been in this repetitious abuse cycle for about two decades.
Battered Conservative Syndrome is a very real thing.
There are an enormous amount of codependent enabling voters in this process. I call them Seagull Republicans because they are voters who will fly down and shit over anyone who complains about this reality – then they fly up to their high perches and look down their noses.
In case you missed it, the Seagull Republicans are currently aligned to support Harmeet Dhillon and Ron DeSantis.
One UniParty consisting of two wings, the RNC and the DNC. One bird, two wings.
The GOPe priority around money is the one constant on the right wing. But don’t worry, because the Seagulls are promising that Ron DeSantis will protect us from teh geys.
In a recent court filing [Document Here] President Trump through his legal counsel has requested Judge Cannon to unredact and unseal the search warrant affidavit used as the predicate for the FBI raid on Mar-a-Lago. Apparently, the DOJ have yet to provide President Trump with the constitutionally required predicate documents to support their search.
Additionally, the DOJ previously leaked to media about “empty folders with classified banners” as part of the evidence cache they collected. According to the filing the DOJ has since presented three different versions of their evidence collection list, with the most recent list dropping any claims of “two empty folders with classified banners.”

While asking the court to provide the affidavit to the defense team, the lawyers for President Trump are noting the fourth amendment protects everyone against warrantless searches and seizures, and that same protection also guarantees the target the right to receive and review the claimed justification for the warrant.
The unredacted affidavit is obligated to be supplied so that it can be determined if the search warrant was legally valid and predicated. General search warrants are not legally permitted. The warrant must specify what is being searched and why. The DOJ is fighting against this affidavit release. The Trump lawyers are asking the judge to make a decision.

The issue of compartmented (siloed) information, specifically as a tool and technique of the aloof DC system to retain control and influence, is a matter we have discussed on these pages for several years.
Quite literally anything can be classified as a ‘national security interest’ in the deep state effort to retain the illusion of power over the proles, ie us. It is the exact reason why congress exempts themselves from laws and regulations written for everyone else.
In this case we are watching the DOJ National Security Division (DOJ-NSD) deny the production of the material that supports the framework of their search warrant. Again, if Main Justice has nothing to hide, then why are they not willing to stand openly behind the predicate for their search.

The true cause of inflation, and yes that includes ‘global inflation ‘, is the collective western economic jump into climate change energy policy known as “build back better.” Stopping the use of oil, gas and coal as the source for cheap energy, has resulted in every element of the inflation now outlined.
As an outcome of their ideology, the central banks of the western economies began desperately to lower economic activity to reduce energy consumption. The goal was/is to lower human economic activity to the point where windmills and solar farms can sustain it. Everything else is pretending. Tucker Carlson finally points this out. WATCH:
Coming out of the pandemic, western oil, coal and gas energy development was blocked. Immediately energy prices skyrocketed, driving up the costs of everything. Using the justification of “too much demand” the central banks (including the U.S. Federal Reserve Bank) are raising interest rates to lower the need for energy.
Western political leaders are pretending this is not a collective intention. However, their prior promotion of the Build Back Better agenda belies their current protestations.


CTH has encountered criticism for our position on information. Perhaps it is important to step back and explain exactly why we should not be playing by rules established to control us while engaged in the battle of ideas. First, my position:
…”There is no such thing as “disinformation” or “misinformation”. There is only information you accept and information you do not accept. You were not born with a requirement to believe everything you are told; rather, you were born with a brain that allows you to process the information you receive and make independent decisions.”…

There are only two elements within the public discussion of information, truth and not truth.
In an era filled with “fact-checkers” and institutional guardians at the gates of Big Tech, let me explain exactly why it is important not to accept the speech rules of the guards.
When you accept the terms “disinformation”, “misinformation” or the newest lingo, “malinformation,” you are beginning to categorize truth and lies in various shades. You are merging black and white, right and wrong, into various shades of grey.
When your mind works in the grey zone, you are, by direct and factual consequence, saying there is a problem. You are correct; however, this is where people may make a mistake. The problem is supposed to be there.
It is not a solution to the problem to try and remove the grey simply because it takes too much work to separate the white pixels from the black ones. You were born with a gift, the greatest gift a loving God could provide. You were born with a brain and set of natural instincts that are tools to do this pixel separation, use them.
If you define the grey work as a problem you cannot solve on your own, you open the door for others to solve that problem for you. You begin to abdicate the work, and that’s when trouble can enter.
The sliding scale of Pinocchio’s is one of the most familiar yet goofy outcomes.

Put more clearly, when you accept the terminology “disinformation”, you accept a problem.
The problem is then the tool by which authorities will step in to make judgements.
Speech, in its most consequential form, is then qualified by others to whom you have sub-contracted your thinking.
When you willingly sub-contract information filters to others, you have lost connection with the raw information.
CTH was founded upon the belief that truth has no agenda, nor does it care about you, your feelings, or your opinion of it. It just sits there, empirically existing as evidence of information in its most pure form.
The search for truth, in all things, is the mission objective of this assembly. Often, we don’t like the truth; often, the truth is bitter, cold, challenging and even painful to accept. However, the truth doesn’t care. Information in its most raw form is ambivalent to your opinion. If you struggle to accept these things, that’s when you need grey. The New York Times is not called the “grey lady” accidentally.
Personally, I am an absorber of information – perhaps on a scale that is unusual. But I do not discount information from any form until I can put context to it and see if the information makes sense given all the variables present. When something doesn’t feel right, it’s almost always because it isn’t right.
Often, I find myself struggling in the grey and complex. It is not unusual to spend days researching, digging, clarifying a situation, only to discover the path to finding the truth is in another direction entirely. Erasing everything and starting over is frustrating, but it is genuinely the only approach that works; and often finding truth is supposed to be difficult, that’s why it is rewarding.
In the digital information age, we are bombarded with information. It is easy to be overwhelmed and need to find something or someone who has better skills at separating the black grains from the white ones. All opinions in this quest should be considered; thus, it is important to allow the free flow of information.
I am not necessarily a speech absolutist. There is some language that needs to be constrained if we are to participate in a respectful society, with grandma’s rules and knowing the audience. The CTH has guidelines for comments for this exact reason. However, those constraints need to be based on a set of inherent values. When it comes to information it is important to draw a distinction from speech.
There needs to be an open venue for all information. Unfortunately, when we begin to apply labels or categorization to information, there’s an opportunity for information to be manipulated – even weaponized. Saul Alinsky spent decades pondering the best techniques to weaponize information and speech. Alinsky’s intentions in the endeavor to change society by changing how language and information was used were not good. He devoted his completed rulebook book to Lucifer.
Be careful about anyone saying we need to label or categorize information in order to control or remove speech from the discussion.
You were not born with a requirement to believe everything you are told; rather, you were born with a God-given brain that allows you to process the information you receive and make independent decisions.

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